Bhagyanagar India Limited (BHAGYANGR) AI Stock Analysis

• Market Cap: ₹5.57B
• Dividend Yield: N/A
• Average Volume (3M): 6.60K
• Price to Earnings (P/E): 14.9
• Beta (1Y): 1.14
• Revenue Growth: 25.79%
• EPS Growth: 157.10%
• Country: IN
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Copper
• EPS (TTM): 4.01
• Shares Outstanding: 31,995,000
• 10 Day Avg. Volume: 4,160
• 30 Day Avg. Volume: 6,601
• PEG Ratio: -0.24
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.15
• P/FCF Ratio: -1.53
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: ₹183.00 ▲(13.07% Upside)

The score is held back primarily by weak financial performance—especially negative free cash flow and low/volatile profitability—despite supportive technical trend signals. Valuation appears moderate on a P/E basis, but the lack of dividend yield data limits valuation support.

Positive Factors

Business Model & Market Exposure

Bhagyanagar’s focus on copper and aluminum wires and cables serves construction, energy and telecom sectors. These are essential infrastructure inputs with recurring replacement and project demand, supporting a durable baseline revenue stream and long-term customer relationships.

Diversified Revenue Streams & Institutional Contracts

The company’s mix of large-enterprise sales, government project contracts, distributor/retail partnerships and exports creates multiple revenue channels. Institutional and government work tends to provide multi-period orders and credibility, helping smooth demand volatility and support predictable backlog.

Recent Top-line Expansion

Reported revenue growth of about 25.8% signals meaningful recent order or market-share gains and capacity to scale production. If sustained, higher top-line momentum can improve operating leverage and support reinvestment, strengthening medium-term earnings potential.

Negative Factors

Weak Cash Flow Conversion

Persistent negative free cash flow and poor operating-cash-to-net-income conversion indicate difficulty converting reported profits into cash. This weakens the firm’s ability to internally fund capex, service debt or pay dividends, increasing reliance on external financing over quarters.

Rising Leverage / Balance Sheet Pressure

A material rise in debt-to-equity implies greater leverage and higher interest obligations. Increased leverage reduces financial flexibility for working capital and capex, elevates refinancing and covenant risk, and makes the business more vulnerable to input-cost swings or cyclical demand drops.

Volatile Profitability and Low Margins

Inconsistent revenue growth combined with modest gross and net margins and a recent net income decline highlights profitability instability. Persistently thin margins limit capacity to absorb raw-material cost inflation, reduce cash accumulation, and impair return on equity over multiple reporting periods.

Bhagyanagar India Limited Business Overview & Revenue Model

Company Description

Bhagyanagar India Limited manufactures copper products in India. It operates through Manufacturing of Copper Products and Wind Power segments. The company offers copper bus bars, wires and rods, foils and sheets, paper covered strips, nuggets, and tubes and pipes, as well paper insulated copper conductors; and assemblies and solenoid switches for auto electrical motors. It also provides solar flat plate collectors, commutators, solar fins, field coils and armature pins, submersible wires, and heating elements/thermostats/immersion heaters. The company primarily serves original equipment manufacturers in the auto electrical, solar water heater, and electrical engineering industries. In addition, it operates a wind power project with an installed capacity of 9 megawatts at Kapatigudda, Karnataka. The company also exports its products. Bhagyanagar India Limited was incorporated in 1985 and is headquartered in Hyderabad, India.

How the Company Makes Money

Bhagyanagar India Limited generates revenue through several key streams, primarily from the manufacturing and sale of electrical wires, cables, and related products. The company benefits from both domestic and international markets, providing products to a diverse range of sectors, including telecommunications, construction, and power utilities. Key revenue streams include direct sales to large enterprises, contracts with government projects, and partnerships with distributors and retailers. Additionally, BHAGYANGR may engage in exporting its products to various countries, further enhancing its revenue potential. The company's ability to innovate and maintain high standards of quality ensures customer loyalty and repeat business, contributing significantly to its overall earnings.

Bhagyanagar India Limited Financial Statement Overview

Summary

Income statement trends show inconsistent revenue growth and low margins with a notable net income drop; the balance sheet is moderate but leverage has increased and ROE has declined; cash flow is the weakest area with negative free cash flow and poor conversion of earnings into cash.

Income Statement

The company's revenue has demonstrated volatility with a recent small increase from the previous year, but overall growth has been inconsistent. Gross profit and net profit margins are relatively low, with a significant drop in net income impacting net profit margins negatively. EBIT and EBITDA margins are stable but modest, indicating limited operational efficiency improvements.

Balance Sheet

The company's balance sheet reflects moderate leverage with a debt-to-equity ratio showing a significant increase, posing potential risks. The equity ratio is moderate, indicating a balanced asset structure. However, return on equity has declined, pointing to reduced profitability for shareholders.

Cash Flow

Cash flow performance is weak, with negative free cash flow indicating challenges in generating cash from operations. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in translating income into cash. The free cash flow to net income ratio further highlights cash flow generation issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2021	Dec 2021
Income Statement
Total Revenue	17.42B	16.26B	14.31B	18.47B	7.86B	15.72B
Gross Profit	1.37B	1.18B	745.15M	419.41M	433.39M	606.83M
EBITDA	526.27M	426.42M	758.79M	346.03M	190.35M	301.56M
Net Income	198.65M	140.18M	457.24M	101.30M	34.78M	110.82M
Balance Sheet
Total Assets	0.00	5.21B	3.34B	4.24B	3.02B	3.51B
Cash, Cash Equivalents and Short-Term Investments	84.08M	50.62M	30.16M	11.50M	3.18M	91.38M
Total Debt	0.00	2.75B	1.01B	2.20B	1.55B	1.79B
Total Liabilities	-2.07B	3.13B	1.40B	2.76B	1.76B	2.14B
Stockholders Equity	2.07B	2.07B	1.93B	1.48B	1.26B	1.38B
Cash Flow
Free Cash Flow	0.00	-1.55B	793.95M	-487.54M	-805.92M	-57.51M
Operating Cash Flow	0.00	-1.44B	961.11M	-395.28M	-756.38M	-43.19M
Investing Cash Flow	0.00	-95.17M	393.79M	31.56M	-24.32M	-8.35M
Financing Cash Flow	0.00	1.55B	-1.33B	273.28M	771.58M	139.73M

Bhagyanagar India Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 161.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHAGYANGR, the sentiment is Positive. The current price of 161.85 is below the 20-day moving average (MA) of 168.72, above the 50-day MA of 153.84, and above the 200-day MA of 109.16, indicating a bullish trend. The MACD of 5.13 indicates Positive momentum. The RSI at 52.77 is Neutral, neither overbought nor oversold. The STOCH value of 43.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BHAGYANGR.

Bhagyanagar India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HINDCOPPER	73 Outperform	₹593.27B	89.69	―	0.33%	16.05%	41.18%
CUBEXTUB	68 Neutral	₹1.67B	22.07	―	―	29.24%	75.16%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MANAKALUCO	59 Neutral	₹2.31B	36.50	―	0.28%	19.61%	21.47%
MCL	53 Neutral	₹2.15B	60.93	―	―	119.41%	-35.45%
BHAGYANGR	51 Neutral	₹5.57B	14.95	―	―	25.79%	157.10%

Bhagyanagar India Limited Corporate Events

Bhagyanagar India Closes Trading Window Ahead of December Quarter Results

Bhagyanagar India Limited has announced the closure of its trading window for designated persons and their immediate relatives from 1 January 2026 until 48 hours after the announcement of its financial results for the quarter ended 31 December 2025, in line with SEBI’s Prohibition of Insider Trading Regulations and the company’s internal code of conduct. The move, which restricts directors, connected and designated persons from trading in the company’s securities during this period, underscores regulatory compliance on insider trading and signals that the board meeting date for approving the quarterly results will be communicated separately.